As of what dates are the consolidated balance sheets for Anago Cleaning Systems, Inc. and its subsidiaries audited?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the consolidated financial statements of Anago Cleaning Systems, Inc. and Subsidiaries and its subsidiaries, which comprise the consolidated balance sheets as of December 31, 2024, 2023, and 2022, and the related consolidated statements of operations, changes in stockholders' equity, and cash flows for the years then ended, and the related notes to the consolidated financial statements.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the consolidated balance sheets for Anago Cleaning Systems, Inc. and its subsidiaries are audited as of December 31, 2024, 2023, and 2022. This means that the financial position of Anago has been reviewed and verified by an independent auditor for these specific dates.
For a prospective franchisee, this provides a level of assurance regarding the accuracy and reliability of Anago's financial statements. The audit helps ensure that the financial information presented fairly reflects the company's financial position, results of operations, and cash flows for those years. This is a standard practice in franchising, as audited financial statements offer greater transparency and credibility compared to unaudited statements.
The independent auditor, Miller CPA, PLLC, issued their report on March 17, 2025, indicating the date through which subsequent events were evaluated. This date is important because it signifies the cutoff for including any events that occurred after December 31, 2024, that could materially affect the financial statements. Prospective franchisees should review these audited statements carefully to assess the financial health and stability of Anago before making an investment decision.